1Stock Limited
1Stock is an investment management firm based in Kampala, Uganda. Founded in 2018, the firm serves high-net-worth individuals, family offices and institutions. 1Stock began operations mainly in hedge funds but is now active in credit, venture capital, infrastructure and real estate.
Business Activities
The Reaper Fund, 1Stock's hedge fund, has reported NAV rise of 1,049.30% (as of September 2023) since inception [1] and was one of the nominees of the Global Hedge Fund Awards, by Eurekahedge, under the Best New European Hedge Fund Category, which recognized the top performing hedge fund managers of 2018.[2]
Notable investments;
• Patreon (valued at $4 billion[3])
• Chipper Cash (valued at $2 billion[4])
• Privé Technologies[5] (valued at $243 million)
• Muncher[6] (valued at $190 million)
• Pal and Lisa Schools
• Pal and Lisa Club
• SpeedSize[7] (valued at $100 million)
• Accern[8] (valued at $90 million)
• HyPoint (acquired by ZeroAvia;[9] valued at $80 million)
• Mobalytics[10] (valued at $75 million)
• Spin Technology (valued at $55 million[11])
• namecoach[12] (valued at $50 million)
• 1Stock Residences[13]- ↑ "The 6 a.m. CFO: How 1Stock Limited’s Nixon Kitimoi Starts His Day" (in en-US). https://www.cfo.com/news/6-am-cfo-1stock-limiteds-nixon-kitimoi-uganda-holding-company/692795/.
- ↑ "Eurekahedge Global Hedge Fund Awards 2019 Profile". https://www.eurekahedge.com/Research/News/1911/Eurekahedge-Global-Hedge-Fund-Awards-2019-June-Profile.
- ↑ Armental, Maria (2021-04-07). "WSJ News Exclusive | Patreon’s Valuation Triples to $4 Billion as Platform Draws Creators, Fans" (in en-US). Wall Street Journal. ISSN 0099-9660. https://www.wsj.com/articles/patreons-valuation-triples-to-4-billion-as-creators-and-fans-flock-to-platform-11617762374.
- ↑ Kene-Okafor, Tage (2021-11-02). "Chipper Cash gets $2B valuation with $150M extension round led by FTX" (in en-US). https://techcrunch.com/2021/11/01/chipper-cash-gets-2b-valuation-with-150m-extension-round-led-by-ftx/.
- ↑ (in en) Privé Technologies on Wealth Management Solution, FinTech, 2022-01-10, https://www.bloomberg.com/news/videos/2022-01-10/priv-technologies-on-wealth-management-solution-video, retrieved 2023-06-22
- ↑ Garcia, Alejandra Cruz (2022-11-09). "Dark kitchens startup Muncher scoops up $27M Series B to expand operations" (in en-US). https://latamlist.com/dark-kitchens-startup-muncher-scoops-up-27m-series-b/.
- ↑ "Amasty and SpeedSize™ Partnership Brings Revolutionary AI Media Optimization Plugin to Magento Users" (in en-US). 2023-03-16. https://finance.yahoo.com/news/amasty-speedsize-partnership-brings-revolutionary-114200807.html.
- ↑ Wiggers, Kyle (2022-05-02). "AI-powered Accern lands $20M to analyze financial documents" (in en-US). https://techcrunch.com/2022/05/02/accern-lands-20m-for-ai-that-analyzes-financial-documents-on-the-web/.
- ↑ Kaminski-Morrow2022-10-06T08:25:00+01:00, David. "ZeroAvia reinforces hydrogen fuel-cell technology position with HyPoint acquisition" (in en). https://www.flightglobal.com/aerospace/zeroavia-reinforces-hydrogen-fuel-cell-technology-position-with-hypoint-acquisition/150452.article.
- ↑ "Mobalytics and Overwolf join forces to expand competitive features" (in en-US). 2022-11-15. https://venturebeat.com/games/mobalytics-and-overwolf-join-forces-to-expand-competitive-features/.
- ↑ Wiggers, Kyle (2022-08-09). "Spin Technology raises $16M to protect SaaS apps against attacks" (in en-US). https://techcrunch.com/2022/08/09/spin-technology-raises-16m-to-protect-saas-apps-against-attacks/.
- ↑ Namecoach (2022-11-17). "Namecoach Lands $8 Million Series A to Advance DEI and End Name Butchering in the Workplace" (in en). https://www.globenewswire.com/en/news-release/2022/11/17/2558346/0/en/Namecoach-Lands-8-Million-Series-A-to-Advance-DEI-and-End-Name-Butchering-in-the-Workplace.html.
- ↑ "1Stock Limited Commits $ 18.9 Million to a Bahamian Off Plan Estate | PressReleasePoint" (in en). http://www.pressreleasepoint.com/1stock-limited-commits-189-million-bahamian-plan-estate.
